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Which of the followings are/are not money in the United States? Explain your answers a US dime a Mexican peso a Picasso painting a plastic

Which of the followings are/are not money in the United States? Explain your answers

  1. a US dime
  2. a Mexican peso
  3. a Picasso painting
  4. a plastic credit card
  5. an ounce of gold
  6. Bitcoin

2. If the Fed supply 20 billion dollars into the commercial banking system, how much more money the commercial banks supply? (rrr = 10%)

3. How would an increase of minimum wage affect unemployment rate?

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